Leading the Pack! Revenue Increases by Nearly 4% 'Top Pick' in Q2 Receives Optimism with Three Major Institutions Acquiring 360,000 Shares in May

Reported about 1 year ago

According to the Taiwan Stock Exchange, three major institutions bought a net total of 130.985 billion NT dollars in May, with TSMC (2303) being the top choice, purchased over 360,000 shares, far surpassing the runner-up on the list. Despite a 1.17% monthly decrease, TSMC's combined revenue in May reached 19.509 billion NT dollars, showing a 3.89% year-on-year increase, leading market analysts to predict that Q2 performance is likely to outperform the previous quarter. Foreign and Mainland Chinese capital dominated the market this month, collectively acquiring 817.86 billion NT dollars, while proprietary traders sold 2.572 billion NT dollars and investment trusts acquired 517.71 billion NT dollars.

Source: YAHOO

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